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20110701
20110731
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as a public service. >> "washington journal" continues. host: we are back live jon hilsenrath of "the wall street journal." taking a look at this week's economic rebound, that is what the- taking a look at weak economic rebound. here is the headline from "the wall street journal" this morning, "companies bracing for the fall." guest: american companies are operating in a very uncertain environment right now. they have been disappointed by what happened in the first half and have been talking to companies over the last few days. they were expected to have a good pickup in spending in the first half of the year and it did not happen. whether or not they have cut inventories or are deciding whether or not to cut back beyond that, what they do not want is uncertainty, which is what they are getting. host: the chief at the financial times is saying that for his business, small and mid-sized companies are pulling back and are not sure. guest: right. this is largely because of the uncertainty that they face. there is a risk of financial disruption. the faults, downgrades. you never really know h
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